Several years back, Wu-Tang Clan released a single copy of a CD called Once Upon a Time in Shaolin. Housed in a special box, it went up for auction and was eventually sold to weasely pharma bro/hedge fund dude Martin Shkreli for US$2 million.
Shortly thereafter, Shkreli ran into trouble with the law and was convicted and jailed on a series of fraud charges. As part of his sentence, he had to pay restitution of US$7 million. That means some of his holdings had to be liquidated to pay the fines. That included the Wu-Tang CD. It became the property of the U.S. Government in 2018.
This week, though, we learned that the Feds sold the CD back in July for US$4 million. The new owners are PleasrDAO, a 74-member of a community dedicated to cryptocurrencies. And according to the New York Daily News, the sale came as an NFT instead of a physical deed of ownership.
PleasrDAO plans to exhibit what they bought in galleries around the world.